TOP CATEGORY: Chemicals & Materials | Life Sciences | Banking & Finance | ICT Media
Download Report PDF Instantly
Report overview
The global Reclaimer (Stabilizer) market was valued at 20.27 Million USD in 2021 and will grow with a CAGR of 3.06% from 2021 to 2027.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Soil stabilizers and road recyclers (engineering vehicles) were once similar machines; however, they are now specialised pieces of road making machinery and have developed into different machines. Globally, the Reclaimer(Stabilizer) industry market is not that scattered as the manufacturing technology of Reclaimer(Stabilizer) is relatively not very mature and the manufacturing cost is relatively high. But some enterprises are still well-known for the wonderful performance of their Reclaimer(Stabilizer) and related services. The major regions to produce Reclaimer(Stabilizer) are North America, Europe, Japan and China, which accounting for more than 90 % of production in total. Europe is the largest production region (production share 39.16% in 2017), followed by North America. According to our research and analysis, the leading five companies in the market occupies about 84% of the production value shares. Major manufacturers in the market are WIRTGEN, Bomag, Caterpillar, Sakai Heavy Industries, XCMG, etc. For price trend analysis, a key variable in the performance of Reclaimer(Stabilizer) producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The global market for Reclaimer(Stabilizer) is expected to reach about 263.01 million USD by 2023 from 225.97 million USD in 2018, registering a Compounded Annual Growth Rate (CAGR) of 3.08% during the analysis period. We tend to believe that this industry still has a good future, considering the current demand of Reclaimer(Stabilizer). Although sales of Reclaimer(Stabilizer) brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Reclaimer(Stabilizer) field.
By Market Verdors:
By Types:
By Applications:
Key Indicators Analysed
Key Reasons to Purchase